2024

Solana

Pluto

<p class="is-style-lead">Robinhood has officially added support for Solana to its Wallet, expanding the platform’s crypto offerings.</p> 
<p>Johann Kerbrat, the General Manager of Robinhood Crypto, announced this <a href="https://x.com/JohannKerbrat/status/1828492937505722739" target="_blank" rel="">integration</a>, which will enable users to self-custody Solana (<a href="https://crypto.news/price/solana/" target="_blank" data-type="link" data-id="https://crypto.news/price/solana/" rel="noreferrer noopener">SOL</a>) and conduct transactions over the Solana blockchain.&nbsp;</p> 
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   <p lang="en" dir="ltr">Robinhood 🤝 Solana<br><br>Just in: Robinhood Wallet has added support for Solana! <a href="https://t.co/Qxsu8mrVTE" target="_blank" rel="">https://t.co/Qxsu8mrVTE</a> <a href="https://t.co/7VumKVvCgT" target="_blank" rel="">pic.twitter.com/7VumKVvCgT</a></p>— Solana (@solana) <a href="https://twitter.com/solana/status/1828500566152225203?ref_src=twsrc%5Etfw" target="_blank" rel="">August 27, 2024</a>
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<p>This move aligns with <a href="https://crypto.news/tag/robinhood/" target="_blank" data-type="link" data-id="https://crypto.news/tag/robinhood/" rel="noreferrer noopener">Robinhood’s</a> broader strategy to enhance its Web3 wallet by incorporating more blockchains and digital assets, following previous integrations of networks like Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" data-type="link" data-id="https://crypto.news/price/ethereum/" rel="noreferrer noopener">ETH</a>), Polygon (<a href="https://crypto.news/price/polygon/" target="_blank" data-type="link" data-id="https://crypto.news/price/polygon/" rel="noreferrer noopener">MATIC</a>), and Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" data-type="link" data-id="https://crypto.news/price/bitcoin/" rel="noreferrer noopener">BTC</a>).</p> 
<p> You might also like: <a href="https://crypto.news/vitalik-buterin-discloses-139k-salary-amid-ef-spending-talks/"> Vitalik Buterin discloses $139k salary amid EF spending talks </a> </p> 
<h2 class="wp-block-heading" id="robinhood-and-crypto">Robinhood and crypto</h2> 
<p>Earlier this year, Robinhood demonstrated a growing interest in the cryptocurrency space. Notably, it it acquired crypto exchange <a href="https://crypto.news/tag/bitstamp/" target="_blank" rel="noreferrer noopener">Bitstamp</a>.&nbsp;</p> 
<p>Robinhood started <a href="https://crypto.news/robinhood-to-launch-crypto-futures-in-the-u-s-and-europe/" target="_blank" rel="noreferrer noopener">using</a> its newly acquired Bitstamp licensing to offer crypto futures in the U.S. and Europe. The company plans to introduce Bitcoin and Ethereum futures trading in the U.S., though an official launch date has yet to be set as discussions are ongoing.</p> 
<p>This move followed Robinhood’s <a href="https://crypto.news/robinhood-acquires-ai-investment-firm-pluto-capital/" target="_blank" rel="noreferrer noopener">acquisition</a> of Pluto Capital in July, which further improved its crypto offerings and attracted retail crypto clients.</p> 
<p>The addition of Solana will allow Robinhood Wallet users to manage their SOL holdings more effectively, including the ability to send, receive, and store SOL securely.</p> 
<p> You might also like: <a href="https://crypto.news/nasdaq-files-for-sec-approval-to-launch-bitcoin-index-options/"> Nasdaq files for SEC approval to launch Bitcoin index options </a> </p>

Robinhood wallet adds support for Solana

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